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Find similar grantsThis fund, supported by the USDA/Rural Development, offers fixed asset financing (land, building construction/renovation, purchase of land and buildings, machinery and equipment) and working capital to businesses in rural areas.
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Or search similar grants →According to the current listing, eligibility includes: Businesses in rural areas of Southeast Alabama. Businesses must provide a minimum of 10% of the project cost in cash equity and must create or retain jobs. Confirm the full requirements in the official notice before applying.
The current listing shows $4,000 to $20,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Microloan Fund is funded by Southeast Alabama Regional Planning and Development Commission (SEARP&DC) (funded through USDA/Rural Development). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
USDA's FY2026 Distance Learning and Telemedicine NOFO funds end-point equipment for rural schools, clinics, and libraries — but the 15% non-federal match, the hub-and-end-site project architecture, and the scoring weight on rurality and economic need are what determine winners by the June 30, 2026 deadline.
Read articleUSDA's Rural Decentralized Water Systems Grant funds nonprofits to capitalize a revolving loan fund for household wells and septic systems: 1 percent fixed, 20-year terms, $15,000 maximum per household. The application window closes September 30, 2026. The program is chronically under-subscribed for one structural reason — the 10 percent priority-point contribution cannot be in-kind. Here is the full instrument analysis and what it takes to win.
Read articleThe OpenAI Foundation is putting $100 million behind Breakthroughs to Follow-Through, a Common Health Coalition initiative aiming to at least double hepatitis C cure rates in eight states and localities within two years. Alabama, Illinois, Louisiana and Massachusetts go first, money flows to local collaboratives and nonprofits, and the grants are deliberately not tied to any one AI vendor. Here is what makes an organization fundable under it.
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